Competitiveness of Banana Production in the Mampong Municipality of Ashanti Region of Ghana
Fred Nimoh, Sarfo Yaw, Enoch Kwame Tham-Agyekum
Asian Journal of Agricultural Extension, Economics & Sociology · pp. 113–124 · Published 10 Oct 2014
10.9734/AJAEES/2015/11605Abstract
Using household-level survey data, this study investigates the relative competitiveness of banana production in the Mampong municipality of Ashanti region of Ghana. Empirical results from discounting and non-discounting technique of project evaluation show that banana production is relatively profitable than other staple crops such as maize and cassava, despite the relatively higher investment required. Production of banana is also constrained by lack of funds and lack of labour in the study area. Policy efforts should be geared toward addressing the problems that discourage farmers from cultivating crops such as banana. Farmers should also be educated and encouraged to cultivate banana as an alternative crop that can maximize their long-term returns.
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